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Author Topic: Why LTC stuck on same price range?  (Read 514 times)
choetech (OP)
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October 30, 2021, 06:28:40 AM
 #1

LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?
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October 30, 2021, 06:42:56 AM
 #2

Obviously it's not yet done on the support level wherein reason the price still stuck up.. But you know as you can see it gradually showing an uptrend sign at this moment, so probably after days or two we will see a changes on it. If i were you keep on eye the EMA and MACD which is very common indicators. You will see some potential on the growth rate of the LTC.
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October 30, 2021, 07:22:59 AM
 #3

On the fundamental side, I think development is doing pretty well especially MimbleWimble. They also launched smart contracts and asset tokenization to keep up with the trends like DeFi and NFT. Their marketing team seems to be on par with other leading projects but it looks like they're not getting much attention from retail traders/investors. Perhaps Litecoin ETF will be the catalyst that will push LTC to a new ATH but that could take a few more years though.
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October 30, 2021, 07:45:02 AM
 #4

LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?
I know and sometimes I have had the same question. But you need to do some indepth checks before coming to a conclusion that the coin is dying - it is not. There is development happening in the background.

Point is that currently the crypto world is more hyped about NFTs, stablecoins and passive methods or earning - which are all in some way or another a disguised scam but few actually realize it. The golden trio (BTC, LTC, DOGE) have been getting less attention.

LTC ranges from 400 to 100$ if not lower, so if you are a hodler, consider cycling between 100-250$ ranges and you should churn out some money in these cycles. For now dont sell off all your LTC, because I am optimistic about its future. In either way put those coins to work on the exchanges swings for now.

 
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October 30, 2021, 07:49:28 AM
 #5

Ha I hope you won't do a big mistake if you already own some LTC, my advice is to hold and follow the news following LTC right now, be patient and you will be rewarded for it, LTC will hit 1000$ this year ending, mark my word and when the time comes I will definitely remind you, do not sell

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October 30, 2021, 08:32:44 AM
 #6

I think LTC waiting for the right time to start increase and although LTC does not have a significant update to their project, it could increase anytime without we can expect.
We can only hold the LTC and not panic or sell too early but that will be up to you because I am sure that many investors still hold their LTC and waiting for the next high price.
I am also curious how high LTC price is when the big altcoin season comes because that can lift the position at the market and many people will start investing in LTC at that time.
If you want to invest in LTC, you should do right now before the price increase.

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October 30, 2021, 08:50:20 AM
 #7

LTC accepted all over the world but it's price still low
Any proof if it's accepted all over the world? People didn't even this garbage coin that didn't have utility usage. These days people even smarter than before as they were only choosing coin with more benefits than a native coin that can be only used to send or receive.

same as last 4 years
This coin has no future. It will be stuck in the same place or it will be even going down to the bottom. Litecoin was getting surpassed by so many new coins that have better utility than it. It's not silver anymore.
Litecoin is just a useless native coin with no utility usage.

why it's stuck on same price range?
It caused by it lack of development progress. I don't say that development was getting stopped but we must see the reality. I don't know why people are keep arguing this coin as potential coz the truth is if this coin has no potential anymore

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October 30, 2021, 08:54:08 AM
 #8

LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?
Not every cryptocurrency goes on high even if we're in a bull market. You've missed it last year IIRC when it was its time to increase. Just because it's accepted mostly everywhere, doesn't mean that its value is going to rise. There's still a big role made by the traders to make its value up. The volume of it will show how much demand it has and that's the reason why the price of it should go up. There's not that much news on it as well and that's why it got stuck so if you think that it's lagging, you better hold it or sell and choose another one that's moving daily.
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October 30, 2021, 09:38:00 AM
 #9

LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?

Still living under the shadow of Bitcoin in my opinion. Plus are there any development from behind?

I check the github repo: https://github.com/litecoin-project/litecoin. There are no update what so ever in the last year or so.

I'm not sure where you get the idea that it is universally accepted, because it is not. Maybe we can used it to deposit and play on our favorite sports casino because it's cheap and quite faster, but that's it. Probably for bagholders, wait for the right time to sell and make some decent profit.

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October 30, 2021, 09:58:21 AM
 #10

LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?
We can't say that LTC os not doing good because when we compare the prices of 2020 and 2021 there is a good spike in its price however its not moving in the recent days especially after May 2021 when bitcoin reaching new ATH recently, it doesn't mean that LTC is bad. So it all depends on your choice and expectations if you are looking for quick returns then some shitcoins will be perfect associated with high risks too.

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October 30, 2021, 10:43:56 AM
 #11

LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?

IMO, I think the main reason was there's not enough demand or hype to support the price pump because if we base the trend today, most of the heavily pump cryptocurrencies are only driven by hype due to heavily marketing promotions or something it was introduced by famous personalities like Elon, and so I guess the Litecoin team should initiate and apply new marketing strategies in order to drive the hype and demand on LTC and eventually the price pump will follow.
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October 30, 2021, 10:45:27 AM
 #12

Some optimistic analysts expect LTC to go to $600!!! But I have some doubts about this analysis given that the LTC price is currently below 200$, I expect to see 300-400 $ when the Altcoin season begins.
I am also amazed why LTC did not move from the price frame many years ago despite having all the reasons for strength, perhaps the absence of support and the staff stopped thinking about developing the coin’s future led to this stagnation, personally I think that LTC is one of the beloved old coins that appeared shortly after Bitcoin and has advantages Very important, for example, the speed of transactions and low fees, so its price should be much higher.
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October 30, 2021, 03:32:47 PM
 #13

Some optimistic analysts expect LTC to go to $600!!! But I have some doubts about this analysis given that the LTC price is currently below 200$, I expect to see 300-400 $ when the Altcoin season begins.
I am also amazed why LTC did not move from the price frame many years ago despite having all the reasons for strength, perhaps the absence of support and the staff stopped thinking about developing the coin’s future led to this stagnation, personally I think that LTC is one of the beloved old coins that appeared shortly after Bitcoin and has advantages Very important, for example, the speed of transactions and low fees, so its price should be much higher.
Here is my own end of the year prediction

BTC 80K - 100k
ETH 7k - 10k
LTC - 850$ - 1000$

I believe this is so damn possible because of the way things are going in crypto space this days, accumulation is just getting started and it's not hard to believe, I'm not saying the unexpected can't happen e.g bear market but if what's presently happening keeps going on there will be massive demand by year end

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October 30, 2021, 04:24:32 PM
 #14


Here is my own end of the year prediction

BTC 80K - 100k
ETH 7k - 10k
LTC - 850$ - 1000$

I believe this is so damn possible because of the way things are going in crypto space this days, accumulation is just getting started and it's not hard to believe, I'm not saying the unexpected can't happen e.g bear market but if what's presently happening keeps going on there will be massive demand by year end

I agree with you with the numbers, but I disagree with you on the timing. I am fully convinced that these numbers (BTC 80k - 100k, ETH 7k - 10k, LTC - $850 - $1,000) will happen soon, but not at the end of this year, perhaps the beginning of next year or the beginning of the second quarter of In 2022, I know there is a lot of crazy money being pumped into the crypto market but even so I think it's early by the end of the year maybe we should be patient a little more.
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October 30, 2021, 04:42:02 PM
 #15

LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?

LTC is just a good example of a solid and well established altcoin project that is not in the focus of a lot of people at the moment. There are many projects like that out there that were top 20 or even top 10 projects 1 or 2 years ago but in the bullrun of this year they got overtaken by new projects that are in everyones focus at the moment like Solana and polkadot for example. Just take a look at IOTA, it was also a top 10 coin 2 or 3 years ago and now it is slowly drifting out of the top 50.
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October 30, 2021, 07:17:43 PM
 #16

LTC is a coin that currently looks undervalued compared to others. But this does not mean anything at all. The potential is so high that LTC could go off at any moment, and for many, this could be very unexpected. We will wait for the right moment.
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October 30, 2021, 08:47:25 PM
 #17

LTC is a coin that currently looks undervalued compared to others. The potential is so high that LTC could go off at any moment, and for many, this could be very unexpected. We will wait for the right moment.
LTC is really undervalued and I don't see any signs of price increase. In my opinion, in the current market conditions, it should have cost $400 up. But it can't cross $200. Its developers need to be more active and any major development will increase the price.

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crzy
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October 30, 2021, 08:55:50 PM
 #18

LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?
There’s no big updates and I rarely hear a news with regards to LTC that’s why its playing on the same pattern though I consider this as a sleeping giant because its undervalued. Once they made a huge update and created a good hype, that could be the start for its price to make its new ATH and it can happen in the next alt aeason. 
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October 30, 2021, 09:05:47 PM
 #19

LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?
There’s no big updates and I rarely hear a news with regards to LTC that’s why its playing on the same pattern though I consider this as a sleeping giant because its undervalued. Once they made a huge update and created a good hype, that could be the start for its price to make its new ATH and it can happen in the next alt aeason. 

but do you think they are doing something behind the curtains? i've read before that their developments are in stagnant position. though we dont know what is really happening from their end.
i can't say if it is undervalued because if they have slow to no developments, how can we identify it as undervalued? is it just because it is an old alt, but their technology has been surpassed by many already.

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October 30, 2021, 09:14:26 PM
 #20

why it's stuck on same price range?
I guess it happens due to the current defi or nft hype, a bunch of people has been carried by the hype and started pouring their money into them. These days most people tend to gamble their luck in other altcoin or the exact newly shitcoin whit hopes it could bring them to insane returns. In other words, litecoin is lacking demands from the market which makes it struggle to break the current ATH.
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